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Weekly Recap: Helium Migrates to Solana, PEPE Surges & More
Amid a challenging week for the wider crypto market, meme coins defied the odds with a significant increase in market cap. Furthermore, a landmark event unfolded as Helium executed a seamless migration from its native blockchain to Solana, representing one of the most intricate network upgrades since the Ethereum Merge.
To recap, key developments for the past week were:
- Helium successfully migrates to Solana
- Meme coin PEPE amasses $100 million market cap in less than one week
- NFT marketplaces witness a significant decline in users
- zkSync Era outpaces Polygon zkEVM in TVL
- Obol Network announces the Alpha release of their DVT network
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